AutoWallis Group opens first Renault and Dacia dealership in Budapest

Listed car seller AutoWallis Group announced the opening of its first Renault and Dacia dealership in Budapest on Wednesday.

AutoWallis dealership opens in Budapest

The showroom and service centre will operate in partnership with Portugal’s Salvador Caetano Group.

Parallel with the opening, the AutoWallis dealership is selling 200 new Renault Clio models to wigo, AutoWallis Group’s carsharing business.

Photo: AutoWallis

State secretary: Labour market remains tight in Hungary

Hungary’s labour market remains tight, the state secretary for employment at the National Economy Ministry said on public television on Wednesday.

Sándor Czomba noted that Hungary had the eighth-lowest jobless rate in the European Union, while it was among the top ten member states in terms of employment.

He acknowledged a four-tenths of a percentage point increase in the unemployment rate in a year-on-year comparison but said the number of registered jobseekers, at 226,000, stood at a 34-year low.

The jobless rate is increasing as more economically inactive Hungarians join the labour market, he added.

Commenting on the impact of the sluggish German economy on Hungary’s automotive industry, Czomba said government officials were in daily contact with local companies to ensure they could get through the period without making layoffs.

He added that electromobility investments in Nyíregyháza, Debrecen and Szeged would require more labour.

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